A little light and a lot more tunnel.
“Pandemic Deal by Congress Provides Economic Relief, for Now,” reports The New York Times.
But it’s too little, too late, and perhaps the last of Uncle Sammy’s pennies in the ol’ tin cup for a while, adds The Old Grey Hoor, in an analysis by Ben Casselman and Jim Tankersley.
The injection of money comes months too late for tens of thousands of failed businesses, however, and it may not be enough to sustain unemployed workers until the labor market rebounds. Moreover, it could be the last help from Washington the economy gets anytime soon.
Call me cynical, but I think we need some brighter bulbs on this job.
*Apologies to Chris in the Morning.
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